Archive for August 1st, 2012
ADB Establishes Office in Burma
The Asian Development Bank (ADB) has taken another step toward re-engagement with Myanmar by opening an office and dispatching staff in the country. “Establishing an [...]
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First Metro Investment Posts P1.9 Billion Income for 1H 2012
First Metro Investment Corporation, the investment banking arm of the Metrobank Group, realised a consolidated net income of P1.9 billion at the end of the first half of [...]
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Business Briefs August 1
* Vietnam Dairy Products Joint Stock Company (VNM)’s Board of directors (BOD) decided to close the shareholder list on August 23, 2012 to pay 2012 interim cash dividend [...]
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Banks using different methods to woo customers
High pressure on lending revenue has forced banks to use many different ways to attract customers. To attract borrowers besides promotion campaigns, they also pay an extra [...]
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GMC estimates profit of over 38 dong in 7 months
Le Quang Hung, Head of Board of Management, Saigon Garment Manufacturing Trade Jsc (GMC) said that, by July, 2012 GMC estimated to earn 520 billion dong of revenue and 38 [...]
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Retail market segment has potential to grow
Marc Townsend, Managing director of CB Richard Ellis (Vietnam) Co., Ltd said that retail market segment still has potential though Vietnam was no longer in Top 30 the most [...]
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More than 30,300 enterprises suffer dissolution and shut down till July 20
As reported at the regular cabinet meeting in July, since early this year till July 20, 2012, Vietnam had nearly 40,000 newly established enterprises with a total registered [...]
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Real estate inventory touches nearly 84tr dong
According to statistics of over 60 listed enterprises in two bourse (VnMedia), real estate inventory was over 83.804 trillion dong, up 6.69 percent compared with the end of [...]
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VBSP fails to raise 2tr dong worth of G-bonds
Hanoi Stock Exchange (HNX) has recently reported the tender results of government-backed bonds issued by Vietnam Bank for Social Policies (VBSP). The tender was organised on [...]
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Successful tender for 2, 3 and 5-year tenor bonds
Hanoi Stock Exchange (HNX) on July 27 reported the tender results for 5.5 trillion dong worth of government-guaranteed bonds issued by the State Treasury for tenors of 2, 3, [...]
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State Treasury to raise 6tr dong via tender on August 6
Hanoi Stock Exchange (HNX) has recently announced that it would hold a tender for six trillion dong worth of government-backed bonds issued by the State Treasury on August 6 [...]
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Vietnam’s public debts exceed safety threshold: Economic Commission
Vietnam’s public debts have far exceeded the safety threshold (60 percent of GDP) that is recommended by international organisations like World Bank (WB) and [...]
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Interest rate gap at record bottom
The statistics compiled by the State Bank of Vietnam (SBV) revealed the average interest rate gap has been at record bottom in recent years. The common difference between the [...]
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Banks’ profits should be used to handle bad debt problem
The previous year and the first half of this year have seen most of commercial banks posting considerable profit which should, in principle, be used to cover their current [...]
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Gas price to rise 52,000-55,000 dong/12kg cylinder from Aug 1
Following the upward trend of gas price in the world market, the price of domestic gas is also on the uptrend. Particularly, HCM City Petroleum one-member Ltd liability Co [...]
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